Fri.Dec 22, 2023

article thumbnail

Two of Africa’s largest B2B e-commerce platforms MaxAB and Wasoko in merger talks

TechCrunch: M&A

Egyptian B2B e-commerce startup MaxAB and Wasoko, a Kenya-based e-commerce player with operations in Tanzania, Rwanda, Uganda and Zambia, are in talks to merge operations, TechCrunch has exclusively learned from multiple sources. They say talks are still ongoing and the agreement hasn’t been finalized yet. The merger talks come as B2B e-commerce companies in Africa […] © 2023 TechCrunch.

Mergers 304
article thumbnail

Public Company Watch: December 2023

JD Supra: Mergers

In the December Public Company Watch, we cover key issues impacting public companies, including a preview of the SEC’s latest regulatory agenda, an update regarding the Fifth Circuit vacating the SEC’s share repurchase rules, recent shareholder activism litigation, the FTC’s and DOJ’s final merger guidelines and California’s new anti-greenwashing disclosure requirements.

Mergers 196
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Small-Medium Business M&A with Eric Pacifici: Tips and Common Deal Killers

How2Exit

b' E171: Navigating Small-Medium Business M&A with Eric Pacifici: Tips and Common Deal Killers - Watch Here rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. Their team is experienced in M&A, and they hire the best talent available. Reconciled sets the standard for consistency and quality that you can count on. rn Visit [link] rn _ rn About The Guest(s): Eric Pacifici is a foundi

M&A 130
article thumbnail

Newly Finalized FTC/DOJ Merger Guidelines Are Likely to Increase Antitrust Scrutiny of M&A Deals - Health Care and Private Equity Transactions May See Significant Impact

JD Supra: Mergers

Earlier this week, the Department of Justice (“DOJ”) and Federal Trade Commission (“FTC”) released the long-awaited 2023 Merger Guidelines. The final guidelines are the result of nearly two years of behind-the-scenes drafting, numerous public listening sessions and workshops, and the receipt of some 35,000 public comments.

article thumbnail

15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

article thumbnail

Hochul Plans to Veto Ban on Noncompete Agreements in New York

The New York Times: Banking

The governor wanted to allow employers to use the agreements with high-paid workers, but was unable to work out a compromise with state lawmakers.

More Trending

article thumbnail

Cathie Wood's highest conviction stock picks for 2024 include one with ‘life-changing innovation’

CNBC: Investing

The innovation investor said her biotech darling CRISPR Therapeutics in the multiomics space has the potential to be her top performer next year.

Investors 112
article thumbnail

Back to the Future: 2023 Merger Guidelines Reach into History to Support Enlarged Antitrust Enforcement Agenda

JD Supra: Mergers

On December 18, 2023, the Federal Trade Commission (“FTC”) and Department of Justice (“DOJ”) jointly released their long-anticipated final 2023 Merger Guidelines after a notice and public comment period, during which they received more than 30,000 comments. The 2023 Merger Guidelines largely adopt the significant changes that the draft 2023 guidelines proposed over the 2010 Horizontal Merger Guidelines, but with a few material differences.

Mergers 172
article thumbnail

UBS likes these chip stocks the best in 2024, including an under-the-radar AI play

CNBC: Investing

UBS says there's still more gains to come in the new year for the semiconductor industry, which has already undergone a massive rally in 2023.

Stock 110
article thumbnail

DOJ and FTC Release Final 2023 Merger Guidelines Formalizing Aggressive Merger Enforcement Playbook

JD Supra: Mergers

On December 18, 2023, the Federal Trade Commission (FTC) and Antitrust Division of the Department of Justice (DOJ) released the final 2023 Merger Guidelines (the Guidelines). While the final version of the Guidelines reflects some notable changes made in response to public comments on the draft version released in July 2023, the main takeaways remain the same.

Mergers 167
article thumbnail

Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

article thumbnail

UBS chart analysts say short Nvidia in 2024, see 20% to 30% correction in stock

CNBC: Investing

This year's blowout rally in shares of Nvidia looks poised for a pullback in 2024, according to a group of chart analysts at UBS.

Stock 106
article thumbnail

FTC and DOJ Publish Final Revised Merger Guidelines, Driving Increased Uncertainty for M&A Activity

JD Supra: Mergers

On December 18, 2023, the Federal Trade Commission (FTC) and Department of Justice Antitrust Division (DOJ) (together, the “agencies”) jointly released their final revised 2023 Merger Guidelines, reflecting modest adjustments from the proposed guidelines the agencies published for public comment this past summer.

Mergers 167
article thumbnail

Dollar finds feet as US inflation test looms

Global Banking & Finance

Dollar finds feet as US inflation test looms By Rae Wee SINGAPORE (Reuters) -The dollar stabilised above a more than four-month low on Friday, with a key U.S. inflation gauge due later in the day that could offer clarity on how much room the Federal Reserve has to cut interest rates next year.

Trading 95
article thumbnail

FTC and DOJ Jointly Publish Revised Merger Guidelines

JD Supra: Mergers

On Dec. 18, the Federal Trade Commission (FTC) and Department of Justice (DOJ) jointly issued new merger guidelines (Guidelines), finalizing draft guidelines published in July and replacing the 2010 Horizontal Merger Guidelines. The new Guidelines identify the procedures and enforcement practices the antitrust agencies will most often use to investigate mergers and other transactions, particularly those that are subject to premerger filings under the Hart-Scott-Rodino Act.

Mergers 167
article thumbnail

Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

article thumbnail

Cybertruck designer says Tesla stainless steel pickup is no experiment

Global Banking & Finance

Cybertruck designer says Tesla stainless steel pickup is no experiment By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle maker’s chief designer said on Thursday, adding that the pickup was no experiment.

IT 94
article thumbnail

New US Merger Guidelines Signal Continued Aggressive Merger Enforcement at DOJ, FTC

JD Supra: Mergers

The US Department of Justice (DOJ) and Federal Trade Commission (FTC) released new Merger Guidelines on December 18, 2023—dramatically expanding the number and type of transactions that the agencies will consider presumptively unlawful.

Mergers 167
article thumbnail

UK recession might be under way after economy shrinks in Q3

Global Banking & Finance

UK recession might be under way after economy shrinks in Q3 By William Schomberg and Sarah Young LONDON (Reuters) -Britain’s economy might be in a recession, according to data that showed it shrank between July and September, shortly after finance minister Jeremy Hunt took the rare step of suggesting the Bank of England might cut […]

Finance 94
article thumbnail

CBCA Corporations to Begin Submitting Transparency Registers to the Government: Public Access to Follow

JD Supra: Mergers

Canada’s federal beneficial ownership transparency requirements are changing again. Beginning January 22, 2024, federal corporations will be required to provide certain information from their registers of individuals with significant control (“ISC Registers”) to the federal government, which will then enter that information into what is to become a publicly accessible database.

article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

Italy business and consumer morale pick up in December

Global Banking & Finance

Italy business and consumer morale pick up in December ROME, Dec 22 (Reuters) – Morale amongst Italian businesses and consumers increased in December, data showed on Friday, offering hope of an pick-up in economic activity for the euro zone’s third largest economy at the start of next year.

article thumbnail

DOJ and FTC Issue New Merger Guidelines

JD Supra: Mergers

On Dec. 18, 2023, the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) issued new Merger Guidelines that explain how both agencies will analyze whether potential transactions may violate the antitrust laws. The Merger Guidelines provide important insight into the types of transactions the agencies likely will investigate and may challenge and so are relevant to potentially merging parties, the business community and the public at large.

Mergers 167
article thumbnail

Technology, sportswear makers pull down European shares

Global Banking & Finance

Technology, sportswear makers pull down European shares By Khushi Singh and Ankika Biswas (Reuters) -European shares inched lower on Friday, weighed down by technology and sportswear makers, while investors were on tenterhooks ahead of a crucial U.S. inflation print and markets assessed domestic data to back bets of lower interest rates next year.

Shares 94
article thumbnail

Regulation Update on the Infrastructure Public-Private Partnership (PPP)

JD Supra: Mergers

The Government issued an updated PPP rule in September 2023 pursuant to the Minister of National Development Planning/Head of the National Development Planning Agency Number 7 of 2023 on the Procedure for the Implementation of Public-Private Partnership Scheme in the Provision of Infrastructure ("Regulation 7/2023"). Regulation 7/2023 revoked the previous PPP rule under Regulation of the Minister of National Development Planning/Head of the National Development Planning Agency Number 4 of 2015.

article thumbnail

Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

article thumbnail

German home prices tumble amid property rout

Global Banking & Finance

German home prices tumble amid property rout By Tom Sims and Rene Wagner FRANKFURT (Reuters) -Residential property prices in Germany continued their fall, dropping 10.2% in the third quarter from a year earlier in a further grim sign for the real-estate sector in Europe’s largest economy, data on Friday showed.

IT 93
article thumbnail

Anderson v. Magellan: Delaware Court of Chancery elevates standard to justify mootness fees

JD Supra: Mergers

In Anderson v. Magellan Health, Inc., the Delaware Court of Chancery raised the standard for awarding mootness fees in settled M&A disclosure cases that resulted in supplemental disclosures, holding that fees can be awarded only where the plaintiff secures supplemental disclosures that are “plainly material” rather than just “helpful,” which was the prior standard.

M&A 155
article thumbnail

Consumer stocks are ‘on a tear.’ Here are analysts’ top picks in the space for 2024

CNBC: Investing

These are analysts' favorite stock picks for 2024 as the sector benefits from easing interest rates and inflation.

Stock 108
article thumbnail

New FTC, DOJ Merger Guidelines Create Challenges and Opportunities

JD Supra: Mergers

The US Federal Trade Commission (FTC) and US Department of Justice Antitrust Division (DOJ) issued their updated Merger Guidelines on December 18, 2023. These guidelines represent a significantly more enforcement-oriented approach than the prior guidelines, and they largely follow the contours of draft guidelines released in July 2023. Companies should be aware of the Merger Guidelines and their implications as they formulate strategies for assessing potential merger and acquisition.

Mergers 155
article thumbnail

Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

article thumbnail

CPP Investments to sell down stake in European business software firm Visma

PE Hub

The transaction is a partial realization of the existing stake to a pool of existing and new investors. The post CPP Investments to sell down stake in European business software firm Visma appeared first on PE Hub.

article thumbnail

FTC and DOJ Issue New Merger Guidelines

JD Supra: Mergers

On December 18, 2023, the U.S. antitrust enforcers, the Federal Trade Commission (“FTC”) and the Antitrust Division of the Department of Justice (“DOJ”) (collectively, the “Agencies”), issued their final Merger Guidelines (“Guidelines”) after a four-month public comment period.1 These Guidelines replace the 2010 Horizontal Merger Guidelines (“2010 Guidelines”) and the DOJ’s 2020 Vertical Merger Guidelines.

Mergers 149
article thumbnail

Here are the big investors who beat the market in 2023 — and those suffering a bad year

CNBC: Investing

Some investors were able to take advantage of the relentless chaos this year, while others didn't do so well.

Investors 108